Overview
Plasma One has three tiers: Lite, Core, and Platinum. Every new user starts on Lite. Upgrading to a higher tier unlocks better cashback rates, lower fees, and more perks.
You can view your current tier and track your progress toward the next one from the Tiers tab in the app.
Your cashback rates and perks are tied to your tier, not your card. All cards on your account benefit from your current tier regardless of which card you use to spend.
The three tiers
Lite
Lite is the free starting tier, available to everyone. You get a free virtual card, a USD account, the ability to earn cashback on eligible card spend and can work your way toward Core by earning or buying XPL.
→ See: How does Lite work?
Core
Core is the first paid tier. It gives you higher cashback rates, lower fees, AI subscription credits, priority support, and more.
Core is currently free if you sign up in the first 7 days of launch. After that, to access Core you can either:
Pay an annual subscription of $199, or
Lock 20,000 XPL for 12 months
→ See: How does Core work?
Platinum
Platinum is the premium tier, built for users who want to get the most out of Plasma One. It gives you the highest cashback rates, no added Plasma fees, premium AI benefits, Visa Infinite benefits, and VIP support.
Platinum currently requires locking 100,000 XPL for 12 months. This is a promotional rate for the first 30 days from launch. After that, the requirement increases to 150,000 XPL.
→ See: How does Platinum work?
→ See: Promotional Platinum offer
How upgrades work
To upgrade your tier, go to the Tiers tab in the app and tap on the progress bar. You will see the requirements and costs for each tier clearly laid out before you commit.
Upgrading via XPL lock requires a 12-month commitment. Your XPL is locked for the full 12 months and cannot be unlocked early.
Upgrading via USD subscription is billed annually from your USD cash balance.
→ See: How do I upgrade my tier?
How downgrades work
Your tier is active for as long as your lock or subscription is valid. At the end of your 12-month period, if you do not renew your lock or subscription, your account moves back to Lite automatically.
Currently, you cannot manually downgrade your tier before your lock or subscription period ends.
Comparing tiers (at a glance)
| Lite | Core | Platinum |
Annual cost | Free | Free for 7 days from launch, then $199/yr or 20,000 XPL locked | 100,000 XPL locked for 30 days from launch, then 150,000 XPL locked |
Base cashback | Up to 2% | Up to 3% | Up to 4% |
AI cashback | None | Up to 5% | Up to 10% |
Airline cashback | None | None | Up to 10% |
Support | Standard | Priority | VIP |
→ For a deeper comparison, see: Comparing Lite, Core, and Platinum
Terms
Full details on cashback eligibility, referral conditions, and tier benefits are in the Plasma One Rewards Addendum.
Rates, amounts, limits, eligible merchants and perks are the parameters currently in effect. They are variable and may change prospectively in accordance with the Plasma One Rewards Addendum.
XPL is a digital asset. It is not legal tender, is not a bank deposit, is not government-backed, and is not FDIC or FSCS insured. Its value can fall as well as rise and may decline to zero.
UK users: Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk. See the additional disclaimers here.